7,529 Shares in iShares Expanded Tech Sector ETF $IGM Acquired by Founders Financial Securities LLC

Founders Financial Securities LLC purchased a new position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,529 shares of the exchange traded fund’s stock, valued at approximately $1,273,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Portfolio Resources Advisor Group Inc. boosted its holdings in iShares Expanded Tech Sector ETF by 6.3% in the third quarter. Portfolio Resources Advisor Group Inc. now owns 1,332 shares of the exchange traded fund’s stock valued at $225,000 after acquiring an additional 79 shares in the last quarter. Strait & Sound Wealth Management LLC raised its holdings in iShares Expanded Tech Sector ETF by 1.3% in the 1st quarter. Strait & Sound Wealth Management LLC now owns 6,657 shares of the exchange traded fund’s stock worth $789,000 after purchasing an additional 88 shares in the last quarter. Waverly Advisors LLC raised its holdings in iShares Expanded Tech Sector ETF by 1.1% in the 1st quarter. Waverly Advisors LLC now owns 9,216 shares of the exchange traded fund’s stock worth $1,092,000 after purchasing an additional 98 shares in the last quarter. World Investment Advisors raised its holdings in iShares Expanded Tech Sector ETF by 2.3% in the 1st quarter. World Investment Advisors now owns 4,684 shares of the exchange traded fund’s stock worth $555,000 after purchasing an additional 106 shares in the last quarter. Finally, CX Institutional lifted its position in shares of iShares Expanded Tech Sector ETF by 6.2% in the 3rd quarter. CX Institutional now owns 1,866 shares of the exchange traded fund’s stock worth $315,000 after purchasing an additional 109 shares during the period.

iShares Expanded Tech Sector ETF Trading Down 4.6%

NYSEARCA:IGM opened at $152.47 on Friday. The company has a 50-day moving average price of $163.90 and a 200-day moving average price of $148.25. iShares Expanded Tech Sector ETF has a 12 month low of $112.60 and a 12 month high of $175.16. The stock has a market cap of $10.39 billion, a price-to-earnings ratio of 34.08 and a beta of 1.39.

iShares Expanded Tech Sector ETF Profile

iShares North American Tech ETF, formerly iShares S&P North American Technology Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, of the United States-traded technology companies, as represented by the S&P North American Technology Sector Index (the Index). The Index has been developed as an equity benchmark for the United States-traded, technology-related stocks. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Index.